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Banks under pressure to reduce cash transactions

Based on the advertising campaign on Times Now, advertisement of State Bank of India and response from a staff of HDFC bank, it appears that there is a lot of pressure from the government on Indian banks to reduce the amount of currency notes and coins that they are using. The government realizes that there are many expenses involved in printing and circulating paper currency and coins, so it is trying to force indian citizens to use cashless or paperless methods of doing transactions , especially in metro cities, where the large population makes it cost effective.
In some metro cities, even in January 2017, the ATMs do not appear to be having cash, and account holders are gradually switching to Netbanking for their transactions due to difficulty in getting cash. However those who were using the internet extensively earlier only to find that their retirement savings were stolen without a court order, will think twice before using internet banking, and continue to use cash.
When a harmless citizen is expected to pay government employees their life savings for using internet banking, few can afford to make the sacrifice.